CUBE FY 2018 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$598M+7.0% YoY

Gross Profit

$401M67.1% margin

Operating Income

$220M36.8% margin

Net Income

$164M27.4% margin

EPS (Diluted)

$0.88

Cash Flow

Operating Cash Flow

$304M

Free Cash Flow

$304M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.0B

Stockholders' Equity

$1.7B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$598M	$559M	+7.0%
Gross Profit	$401M	$377M	+6.3%
Operating Income	$220M	$196M	+12.4%
Net Income	$164M	$134M	+22.0%